Dividend amount: 0.60

Declared currency: NOK

Last day including right: 4 May 2020

Ex-date: 5 May 2020

Record date: 6 May 2020

Payment date: From 13 May 2020

Date of approval: 4 May 2020

For further queries, please contact:

Charlotte Knudsen, IR and Communications, +47 9756 1959

About NORBIT ASA

NORBIT is a global provider of tailored technology to carefully selected niches. The company’s business is structured to address its key markets; Oceans, targeting the global maritime markets, Intelligent Traffic Systems (ITS), offering connectivity solutions for truck applications, and Product Innovation and Realization (PIR), with in-house multidisciplinary R&D and manufacturing.

NORBIT is headquartered in Trondheim, Norway, with manufacturing facilities in Selbu and Røros, Norway and 12 offices and subsidiaries around the world.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.